536 Pennington Street

Elizabeth, NJ 07202

$525,000
Last Sold Price
5
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Recently renovated two-family in the heart of Elmora. Both bathrooms completely renovated, floors sanded and stained. Refreshed kitchen cabinets. Upstairs unit has 3 bdr/1ba, downstairs has 2bdr/1ba with sunroom used as flexible space. Basement accessible to both units for storage, attic storage for upper unit. Currently tenant occupied, both multi-year tenants, great for investors looking for immediate cash flow. Will not be delivered vacant. As is sale.Recently renovated two-family in the heart of Elmora. Both bathrooms completely renovated, floors sanded and stained. Refreshed kitchen cabinets. Upstairs unit has 3 bdr/1ba, downstairs has 2bdr/1ba with sunroom used as flexible space. Basement accessible to both units for storage, attic storage for upper unit. Currently tenant occupied, both multi-year tenants, great for investors looking for immediate cash flow. Will not be delivered vacant. As is sale.
  1. Listed by WILLIAM J MCGLYNN • WEICHERT REALTORS

Property Details for 536 Pennington Street

Directions
Elmora to Pennington
Days On Market
80
Section/Subdiv/Development
Elmora

Location

Add your commute
LISTING UPDATED: 09/20/2023 03:02 AM

Property Details for 536 Pennington Street

StatusSold
MLS #3782104
Days on Market80
Taxes$11,035 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1922
Lot Size-
CountyUnion County

Location

Add your commute

Building Information for 536 Pennington Street

Stories-Residences2Year Built1922Building Size-Lot Size-

Payment Calculator

$3,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$920

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 536 Pennington Street

Summary
Location and General Information
  • Active Days on Market: 80
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 13
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Tan
  • Town #: 2904.0
  • Street # Display: 536.0
  • # Parking Spaces: 2
  • County Or Parish: Union
  • Street Name: Pennington St
  • Zip Code: 07202-1115
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • County Tax: *
  • Tax Amount: $11,035
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 37700.0
  • Tax ID For Property: 2904-00013-0000-01168-0000-
  • Tax Rate Amount: $30
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop
Property
Lot Information
  • Lot Description: Irregular Lot
  • Lot Identifier: 1168
  • Approximate Lot Size: 33X150 IRR
  • Construction Date/Year Built: 1922
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 29000.0
  • Assessment Land: 8700.0
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Radiators - Steam
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Partially Fenced, Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1550.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Sunroom
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 1500.0
  • Unit 1 Sq Ft: 1050.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1775.0
  • Unit 2 Room Description: Attic, Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 1700.0
  • Unit 2 Sq Ft: 1050.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $15,235.00
  • Expenses Include: Garbage Collection, Hot & Cold Water, Insurance, Taxes
  • Net Operating Income: $24,665.00
  • Gross Operating Income: $39,900.00

Property History for 536 Pennington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 536 Pennington Street

Taxable ValueLand$8,700Additions$29,000Total$37,700
Tax Record2022$11,528 ($961 / month)
Home Facts
Total Finished SqFt2,381 SqFtAbove Grade Finished SqFt2,381 SqFtLot Size4,950 SqFtStyleDuplexYear Built1922CountyUNIONAPN04 00368-0000-00010

Schools near 536 Pennington Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Number 12, Elmora Elementary School
PublicPK to 8

Elizabeth High School
Public9 to 12

A Hamilton Preparatory Academy
Public9 to 12

No 22 William F Halloran
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS, WILLIAM J MCGLYNN

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/26/2024 03:51 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.